Mumbai in 50 most expensive cities

By Sruthi Gottipati, CNBC-TV18

If you think the city you live in is getting a little too expensive, you are not the only one. According to a global survey by Mercer, Indian cities are shooting up on the cost of living index. In fact, Mumbai is among the top 50 most expensive cities in the world.

Mumbai is among the top 50 most expensive cities in the world. It has moved up four places to land on the 48 spot. The key reason attributed to this is the strengthening of the Indian rupee against the US dollar. 

World’s Costliest Cities

City                  2008 Global Rank            2007 Global Rank

- Mumbai                   48                                52

- Delhi                        55                                68

- Bangalore                118                              134

- Chennai                   117                              133

* Source: Mercer Survey

City                  2008 Global Rank            2007 Global Rank

- Moscow                     1                                  1

- Tokyo                        2                                  4

* Source: Mercer Survey